Perfect Corp.: sr. vice president & cto Tsen Wei-Hsin sold 843,769 shares

What happened Tsen Wei-Hsin, sr. vice president & cto, disposed of 762,330 Class A ordinary shares at $2.00 per share in connection with a going-private transaction, receiving $1,524,660 in cash. The filing also reports disposition or cancellation of 38,949 and 42,490 derivative securities (total 81,439) in connection with the same transaction.

Key details

• Transaction date: Oct 23, 2026. Common share price per filing: $2.00. Cash received for the 762,330 shares: $1,524,660.
• Derivative dispositions: 38,949 and 42,490 shares reported as "other acquisition or disposition (J)" and tied to option cancellations per the footnotes. Total shares disposed across entries: 843,769.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Relevant footnotes from the filing:
  • F1: Disposed pursuant to the going-private transaction in exchange for $2.00 per share in cash.
  • F2: Options canceled pursuant to the going-private transaction; canceled options were to be paid cash equal to the number of shares times the excess, if any, of $2.00 over the option exercise price (or no consideration if the exercise price equaled or exceeded $2.00).
  • F3: Option vesting detail — exercisable as to 19,474 shares on Jan 21, 2024; 9,737 on Jan 21, 2025; 9,738 on Jan 21, 2026.
  • F4: Option vesting detail — exercisable as to 21,245 shares on May 23, 2025; 10,622 on May 23, 2026; and will become exercisable as to 10,623 shares on May 23, 2027.
• Filing date and report period: filed Oct 26, 2026; period of report Oct 23, 2026.
• Remarks in the filing: the reporting person is no longer subject to Section 16 in connection with transactions in the issuer's equity securities and will no longer report such transactions on Form 4 or Form 5.

Why it may matter

• The filing shows common shares were sold for cash as part of a going-private transaction and that certain options were canceled with cash treatment dependent on exercise prices per the footnotes.
• This was not a routine open-market sale; it was reported as part of the company’s going-private transaction.
  A filing does not show why the insider traded or why the company acted.